Gas prices in my area are $.25 lower since the bp oil spill. Typically prices spike in the summer and with millions of gallons floating around the ocean I would have anticipated with the loss of supply the prices would go up.
Maybe dropping gas prices is a way for the oil barons to keep the public out of the streets?
Gas prices are up here.
Drats, you guys finally figured out how gas prices are really set. Instead of having a market like the NYMEX set it and then have the price adjusted by state/region for blending requirements, cost of doing business, and taxes, here's what really happens:
Every Thursday at 11 PM at Night, all of us oil barons head over to the UN general assembly floor. We put on our red popey-hats and figure out how we can mess with consumers as much as possible. Here's an example of how things went down a few weeks ago when we decided to lower oil prices:
//sarcasm
BOOOOM. Roasted.
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